Best ETF To Buy Based on Deep-Learning : Returns up to 33.92% in 30 days

Best ETF To Buy

This forecast is part of the ETFs Package, as one of I Know First’s quantitative investment solutions. We determine the top ETFs by screening our database daily using our advanced algorithm. The full ETFs Package includes a daily forecast for a total of 20 ETFs with bullish and bearish signals and indicates the best ETF to buy:

  • Top 10 ETFs for the long position
  • Top 10 ETFs for the short position

Package Name: ETFs Forecast
Recommended Positions: Long
Forecast Length: 30 days (6/23/2019 – 7/24/2019)
I Know First Average: 10.07%
Best ETF To Buy
Best ETF To Buy chart

10 out of 10 stock prices in this forecast for the ETFs Forecast Package moved as predicted by the algorithm. NUGT was our best stock pick this week a return of 33.92%. Other notable stocks were GDXJ and GDX with a return of 16.18% and 11.66%. With these notable trade returns, the package itself registered an average return of 10.07% compared to the S&P 500’s return of 2.34% for the same period.

The investment fund, (NUGT), seeks daily investment results, before fees and expenses, of 300% of the performance of the NYSE Arca Gold Miners Index.

Algorithmic traders utilize these daily forecasts by the I Know First market prediction system as a tool to enhance portfolio performance, verify their own analysis and act on market opportunities faster. This forecast was sent to current I Know First subscribers.

How to interpret this diagram

Algorithmic Stock Forecast: The table on the left is a stock forecast produced by I Know First’s algorithm. Each day, subscribers receive forecasts for six different time horizons. Note that the top 10 stocks in the 1-month forecast may be different than those in the 1-year forecast. In the included table, only the relevant stocks have been included. The boxes are arranged according to their respective signal and predictability values (see below for detailed definitions). A green box represents a positive forecast, suggesting a long position, while a red represents a negative forecast, suggesting a short position.

Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.